WNS (Holdings) Limited $WNS Shares Acquired by WCM Investment Management LLC

WCM Investment Management LLC lifted its position in shares of WNS (Holdings) Limited (NYSE:WNS) by 9.0% during the second quarter, HoldingsChannel reports. The firm owned 388,037 shares of the business services provider’s stock after purchasing an additional 32,093 shares during the quarter. WCM Investment Management LLC’s holdings in WNS were worth $23,453,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in WNS. Janney Montgomery Scott LLC lifted its position in shares of WNS by 9.4% during the first quarter. Janney Montgomery Scott LLC now owns 40,237 shares of the business services provider’s stock worth $2,474,000 after purchasing an additional 3,467 shares in the last quarter. CWA Asset Management Group LLC acquired a new position in shares of WNS during the first quarter worth $835,000. GAM Holding AG acquired a new position in shares of WNS during the first quarter worth $1,537,000. Yorktown Management & Research Co Inc acquired a new position in shares of WNS during the first quarter worth $234,000. Finally, KBC Group NV acquired a new position in shares of WNS during the first quarter worth $109,000. 97.36% of the stock is owned by institutional investors and hedge funds.

WNS Stock Up 0.0%

WNS stock opened at $76.39 on Thursday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.47 and a quick ratio of 1.47. WNS has a 1-year low of $42.62 and a 1-year high of $76.40. The firm has a fifty day moving average price of $75.73 and a two-hundred day moving average price of $67.95. The firm has a market cap of $3.28 billion, a price-to-earnings ratio of 21.28, a PEG ratio of 2.25 and a beta of 0.91.

WNS (NYSE:WNS) last released its earnings results on Thursday, July 24th. The business services provider reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.05. WNS had a net margin of 12.11% and a return on equity of 22.90%. The firm had revenue of $339.90 million during the quarter, compared to analyst estimates of $323.13 million. During the same quarter in the previous year, the firm earned $0.93 earnings per share. The firm’s revenue for the quarter was up 9.5% compared to the same quarter last year. Research analysts predict that WNS will post 3.8 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Wall Street Zen cut shares of WNS from a “buy” rating to a “hold” rating in a research report on Saturday, July 12th. Baird R W cut shares of WNS from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 8th. Deutsche Bank Aktiengesellschaft began coverage on shares of WNS in a report on Thursday, July 17th. They issued a “hold” rating and a $76.50 price target on the stock. Jefferies Financial Group reaffirmed a “hold” rating and issued a $76.50 price target (down from $80.00) on shares of WNS in a report on Tuesday, July 8th. Finally, Needham & Company LLC cut shares of WNS from a “moderate buy” rating to a “hold” rating in a report on Monday, July 7th. One analyst has rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, WNS has an average rating of “Hold” and an average target price of $67.43.

WNS Profile

WNS (Holdings) Limited, a business process management (BPM) company, provides data, voice, analytical, and business transformation services worldwide. The company operates through TSLU, MRHP, HCLS, and BFSI segments. It engages in diversified business, including manufacturing, retail, consumer packaged goods, media and entertainment, and telecommunication; travel and leisure, utilities, shipping, and logistics; healthcare and life sciences; banking, financial services, and insurance; and Hi-tech and professional services, as well as procurement.